Migration postponed

Fri, 29/01/2016

Austria has rescheduled its T2S migration to wave 4 that takes place in February 2017. By Tina Fischer, Senior Relationship Manager, GSS Austria.                      
                                                                                                                                                 
At its meeting in December, the T2S Steering Group agreed on a new migration plan for those countries that are still to join the platform in the future. The final approval of the new migration waves will be made by the T2S Board and the ECB Governing Council.
Due to the delay of the migration date, the community tests of OeKB CSD, originally planned for February 2016, are now foreseen to start in July 2016. Connectivity tests and migration dress rehearsals for directly connected participants (DCPs) will also be delayed.

As soon as the new migration and test plans for wave 4 are confirmed, OeKB CSD will revise its testing schedule. UniCredit Bank Austria will inform its partners of the changes immediately after these become officially available.